Definition

The 24/7 Quick Interbank Funds Transfer Service is a service NAPAS provides to its member banks to allow customers to immediately transfer funds to the accounts/card numbers opened at other banks through the following payment facilities and transaction channels:

Payment facilities

Card

Account

Transaction channels

Internet Banking/Mobile Banking

ATM

Transaction counter

Advantages of Service

For funds transferers

Ability to transfer funds every time and everywhere even outside office hours and during weekends.

Ability to check information on holders of online beneficiary cards/accounts before conducting transactions.

Diversified and suitable transaction channels for various customers.

A maximum funds transfer limit of up to 300 million VND per transaction (that may vary depending on each bank’s policy on applicable transaction channels).

For funds receivers

Receivers’ accounts are immediately credited in a fast and easy manner.